Date: Mon, 28 Oct 1996 00:25:19 -0800
From: djones-AT-uclink.berkeley.edu (rakesh bhandari)
Subject: M-TH: value theory and intuitive expla





I am attaching here a dictionary entry, written by Riccardo Bellofiore, on
the value concept. For those of us without formal training in the history
of economic thought, this short entry will (I believe) prove very helpful,
though I must admit that I do not understand everything it it. And the more
advanced among us will, I suspect, find much to debate as well.

Rakesh

ps as I return back to my ethnic studies dissertation, may I recommend a
wonderful book review/essay on the American working class:   JoAnn
Wypijewski, "The Dealignment of America", *The Nation* , October 28, 1996.





(This file must be converted with BinHex 4.0)

:%89345e-AT-B-AT-aeC9mSBA0MD-AT-NT!&Ff3Nj08eG%!3!!!'!!!!!"6"m3d-m4i+'a'Z%
!!!!!!!!!!!!!!!!!!!!!1`!$!2lr#3!'!!!!!!!!!!!!!!!"!!!!!3!!!!!!!!!
!%!!!!J!!!!%!!!$qrrrr!!!!!!!!!!$rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrprrrr*!!!!2lrrrmP!!!!"3!!!!B!!!!
(!!!!#!!!!!N!!!!+!!!!#`!!!!`!!!!0!!!!$J!!!!m!!!!3!!!!%3!!!")!!!!
6!!!!&!!!!"8!!!!-AT-!!!!&`!!!"J!!!!C!!!!'J!!!"X!!!!F!!!!(3!!!"i!!!!
I!!!!)!!!!#%!!!!L!!!!)`!!!#B!!!$qrrrrr[rrrbF!!!!S!!!!+3!!!#S!!!!
V!!!!,!!!!#d!!!!Z!!!!r[rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrr`"5!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!#!!8!rrrrrrrrrrm$!!!!!!N#!!!!!!$
!!!!!!!!!4J!!!!!!!!!!!!!!!)!q*bhZ`lX"!`!!!%!#!!!!!!!!!3"$!'m!E3"
`!%m!BJ"U!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!")!!J(rrrrrrrrrrrrrrrm!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!A!!!!!!!!!"A!'m!FJ"N!%3!E`"M!(8!E3"P!'i!G!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!'J!#!Irrrrm
%!!!!rrrrr`!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!3!!!$
p8!!!!!!!!%m!BJ"U!'8!B`"d!&!!E`"[!'`!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!-AT-!!%"!3!!!!)!!!$rrrrr!!!!!!!!!!!
!!!!!!!!!!!!!!!#!%IBVlX1l!B!4pL[Z`lX"!!!!!!!!!!!!!!!!!3!!!2lrrrm
$!!!!"!!!!!8!!!!'!!!!"`!!!!J!!!$qrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrm"!2lr!J!"!2rrrrm!#3)!!!!!!-!!!!!
!!!"'(!!!!%eTBh*[FfpQG#"AEh*N)$BZ-#"%Ef0eE-AT-9ZG!$qrrrr6N)f9a!!!!"
AEh*N,N4[Bh9YC-AT-jd,MB!!!!!!!!l!!2rrJ!*!!B!!!!!!!!!!!!!!!!!!3!!!!%
!!!!!!!!3!2lr!!!$#J%!!!!!!!!!!!!!!!!!!!!!!!%!!!$bRiAJ6rN3D+Z4#!!
V*l2C-!!!!'i"!!!1!!!!"`!!!*J!!!!%!!!!a3!!!!J!!!$F!!!!!3!!!2-!!!!
-!!!!q3!!!!X!!!!&!3!!$3!!!"%"!!!2!!!!(3%!!"!!!!!P!3!!#J!!!#d"!!!
5!!!!13%!!!i!!!"8!3!!#3!!!&`"!!!6!!!!CJ%!!2rrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrr(J!!!#8!!!"SD-AT-jRD-AT-8RFb"SEh9cC6T0D-AT-0bEh0[CR3
J9fpbC$T1Eh*YB-AT-`!(J!!!!m!!!"UEfjPFbeLD'&ZC'&bD3!H!!!!$`!!!'T[EQ9
c,-AT-*SB-AT-jNBA*T!!)!!!!3*d!!!!!!J(E6mXcR!8!!!!!!QJ`clDLl!8!!!!!!BXX
)lX1l!3-!!!!!!!!!!`!!!!!!!!"!!!!!!!!!!!!!!!!H!!!!%`!!!%eTBh*[Ffp
QG#"AEh*N)0bPD!"$`!N%!!!!!'8!!!!!!!%!!!%!!3!$!!!H2`!!r9!!!!!!!!!
!!!!!!!!!!!!!!!!H2!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!6J!!E!!!!!"1!!"X!!!!E%i!!!!!!!"X6J!!!!!!!'a1!!!!!!!!E%i!!!!!!!"
X6J!!&!!!!0C1!!!!!!!!eNi!!!!!!!$-AT-6J!!!!!!!0C1!!!!!!!!eNi!!!!!!!$
-AT-6J!!#J!!!1"1!!!S!!!!eNi!!!!!!!!i8!!!23!!!!K2!!!!!!!!#%m!!!!!!!!
)6`!!!!!!!!K2!!!!!!!!#%m!!!!!!!!)6`!!!!!!!!K2!!!!!!!!#%m!!!!!!!!
38!!!!J!!!"*3!!!!!!!!%P!!!!!!!!!58!!!!!!!!"*3!!!!!!!!%P!!!!!!!!!
58!!!*J!!!(93!!"B!!!!c9!!!$!!!!!i8!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
X6J!!!!!!!!K2!!!!!!!!!!!J!#%!!3!'!!K2!!!!!!!!#%m!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!#%m!!!!!!!!)6`!!!!!!!$K3!!!!!!!!#%m!!!!!!!"X6J!!!!!
!!'a1!!!!!!!!#%m!!!!!!!!!!!!!!!!!!!!!!!!!!!!!#%m!!!!!!!!)6`!!!!!
!!!K2!!!!!!!!#%m!!!!!!!!)6`!!!!!!!'a1!!!!!!!!#%m!!!!!!!"X6J!!!!!
!!!K2!!!!!!!!%&!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!J%i!!#!!!!#J6J!!0J!
!!'a1!!!!!!!!E%i!!!!!!!"X6J!!!!!!!'a1!!!!!!!!#%m!!!!!!!!38!!!!!!
!!!K2!!!)!3!!#%m!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!&CKE(9P)&4SC-AT-pbH3d0#9CKE(9P)'KKFb"LC-AT-9Z)'4PFf0bD-AT-*PC#"
KFb"dD'8J)R"bD-AT-jMDA"XC5)JCR*[E5"hD'PMD#"PBfpZEfeTBb"dD'9[FRN0C'9
fC-AT-a[F(-J+%jKF'pXC-AT-pZD5!a16Ff+5iJ35"bCACTCAFJEfBJG'KP)'4TCQCPFQ9
ZG#"KF("bEf&MD'9c)(4[)(4SC3eTFh0eC5`JG'pRCA4SCA)JGfPdD#"63dK969"
&9%95*h-JC'PfD-AT-4P)'*PG(GPC-AT-iJ)R*PB-AT-`L)'&ZC#!LE-AT-pZCA4KFRNL$-AT-&ZB-AT-a
jFfPc,#"KE'a[Gh-JGA-JG'mJBA*bB-AT-jRC5"TEL"K)'ePB-AT-jTEQGQG-AT-`JGf&j)'p
bG'K[C'pi)'&ZC#"SCA4PFQpNEhJ0Fh4bC-AT-&YFb"TEL"PBfpZEfeTBb"dD'peCfK
d,#"ME'&bD-AT-CjD-AT-jR)(4SC-AT-Pb)'p`F'pcDA4TEfiZ)&4SC5"cBfp`C5"[CJefB-AT-a
eC5"dD'9[FRNJBf&ZEQpd,#"SEhGPGQ9b,#"LC5"dB-AT-YPEL"QEh)JCh*KER4PC#i
J9'K[G-AT-GS)'Pd)'KKFb"LC-AT-9Z$A9cG-AT-&XE(NJD-AT-4PER4TCQPPC#"hDA4S)(4SC5"
TER&eDA*j)'PZG'mJG'KP)'0KGA0P+(-T)'pQ)'9iBfKKEQGP)(*KG'P[Fb`0B-AT-j
N)(CKE(9P)'KKFb"TEL"dD'8JC-AT-jN)'*PBfpYC5"MEh4PFQeTEQpeFb"hDA4S)("
bD-AT-0P,#"K)(&eD-AT-0V)'a[EfXJBA3JG'KP$-AT-KTFh4[FRNJEfBJC-AT-0[EQpYD-AT--JB-AT-j
KE(PcDA-JFfK[Gh-JD'ph)(CKE(9P)(4SC-AT-pbH5"MEhCPFQ9N)'*bEf&NCA)JB-AT-j
N$-AT-e[FQ8JCR9ZC'&YC-AT-jdB-AT-`JCQ9KG(9bCA-Z$3d*5-AT-iJ3da"8e0*3d&-)&"26%P
8580"6#"&3dp16deC)'0[E-AT-e[C'PdD-AT-9c*b"fB-AT-aeC5"TFb"dFQ&MC-AT-3JBQ&MDb"
dEb"XB-AT-*[GA*KFb"dD'8JEh*TCfPZB-AT-`JFfpeFQ0P)(4SBA3JFh9`F'aTCA-J)R4
SC5"ZC-AT-0PFh0KFQPPFb`JBfpZGQ9ZD-AT-9ZBf9c)'&ZC!eKEA9cC-AT-ePER4c)'pQ)'K
eE-AT-&Z)'aTCQ8L,L""Bf0[FQ4TEQFJG'mJ8feTG'JX)(GPB-AT-adD#"RFQphFb"KFb"
XB-AT-*[GA)X)(4SC3eKBh4TGQ8JC-AT-aPE-AT-9ZG#"TEL"`FQpNG-AT-0dD-AT-pZ,#"TFb"KF("
XD-AT-9N)(4[)'jKG(9bC5`JG'KP)("KFh0TGQ8JC-AT-aPE-AT-9ZG#i09'KP)(CKE(9P)'p
Q)'&ZH5"MEfeYEf4TG(NJDA-JCfPfC-AT-iJBRNJG'KP)'aKBQpeFL"[CL"[G'KPFL"
`C-AT-p`E'8JDA3JBf&Z$A"eFQ0SBA0P)'PZ)'9iBfKKEQGP)#dJEQ&YC-AT-aj,#"XB-AT-*
[GA)J)Q0[E-AT-eKEQ4PC#)Z)%PZ)(4SBA3J)R*eC'8JB-AT-jN)'9KFQaj$A0dB-AT-GP)L"
`FQP[FL"dEb"dD'8JB-AT-0MG-AT-eeE'&dD-AT-pZ)'pQ)'0KF'PdB-AT-`JB-AT-jN)(4SC5"KF("
bEh"bD-AT-&dD-AT-pZ)'pQ)'aKEQ3X$AGSC-AT-iJG'KP)("bEf4eBh3JEfBJE'&LEh9b)'*
PE'pZCh-JC-AT-jdDA*PE(NJG'mJG'KP)(G[FQYPFL`JG'KP)'aKBQpeFJeMEfeYB-AT-j
NC-AT-3JBRNJB5"MEfeYEf4TG(NJFQ9NG-AT-0PFb"dEb"dD'8JE'&LEh9b)'jPC-AT-4PC#"
dEb"`FQpNG-AT-0P)'Pd)#d0EQ&YC-AT-aj,#"XB-AT-*[GA)J)Q9YBQpND-AT-9N)LiJ3R9d)'P
Z)'0KF'PdB-AT-aTFh3JCAKMD'&ZCf8X)(GSCA*P)(4SCA*P)'&bC3e`FQpQDA4c)'&
ZC#"bC-AT-jdFb"[GQ9b)(GKCf9c,#"XB-AT-*[GA)JBfpYE-AT-&ZC'9N)'9iBf9PC(-JE'&
LEh9b)'9YBQpND-AT-9N1L"[EJedD'8JEfjP)'KKEQ3X)(4SC5"cD'&bC5"[CL"`FQP
MC5"dD'&d)'GPG(-JG'KP)(GKCf8JBQPXE#"LB-AT-0V)("PFQeTG(-JG'KP$A*PEQ9
hB-AT-`JEfBJG'KP)'PZDA4TB-AT-`JC-AT-e`E'pjE-AT-9ZG$XJEfiJG'KP)'pdD'9b)'KKEQ3
X)(4SC5"fCA*j)("bCA0PEQ0P)'pQ$A4SC5!LC'9NG-AT-0dD-AT-pZFb"QFQpY)(4SC5"
`FQpNG-AT-0P)'pQ)'aKBQpeFL)JE-AT-&VD-AT-jR)(9`)(4SC5"ZCA3JF(*[C(9MG#"YC-AT-&
ZF`edD'&d,#"TCL"dD'8JE'&dG'9b)(GPFQ8JCR9XE(NJCAK`C-AT-jNC-AT-3JD-AT-iJ8&*
24&9$9%P-AT-45"-38*299)X)'&Z)'&NC'PdD-AT-pZB-AT-`0B-AT-e[G-AT-jd)'pQ)'9YF'a[H-AT-e
PER3JGfpeE'3JBQ8JBh*PBA4PC#`JCfPfD-AT-jR)(GKH5"dEb"K)("bEfGbCA0cDAC
P)'PZBh*PBA0P$-AT-PZ)(CKE(9P)'&ZC#"TEL"dD'8JGf9KE(4S)'pQ)(4SC5"ZBA4
TEfiZ$3d*6QpdC5"dD'&d,#"QEh)JBf&`DA4KE'PcE5`J8feTG'JJEQmJE'pZCf9
b)'4PCQPZCA-JE'&LEh9b)'0[E-AT-eKEQ4PC#"KFb"dD'80E'&LEh9b)'pLDQ9MG'P
QD-AT-9N)'PZ)(4SC5"MEfeYEf4TG'PPFb"LEh9RD(3JEfiJG'KP)'eKFQYPG#iJ8Q&
dD'9b,#"SC5"ZEhF0CQaeBh4eBA4PFb"LCA4hC-AT-9Z)(4hEb"[G'KPFL`JEQpZ,-AT-P
NC-AT-jdD-AT-0KE#`JE-AT-9KEQPZCh-k)(4SC5"XB-AT-*[GA)YF'phCA)0G'KKG#"MB-AT-iJBQ8
JF(9bBfKKFf9N)'*j)'%JCfPfC-AT-iJFfpMD-AT-&X)("bEf4eBh3l)'&ZC#"dD'8JE'P
fD-AT-jR)'aKBQpeFL"dD'&d$-AT-0KEL"LC5"cG-AT-*cCA&eC-AT-jdE(NJFf9d)'PZ)'e[G'P
[EL`JFh4KFR4TEQFJEQ9h)("bEf4eBh4TEfiJF(*[Bf9cFf9c,L"8D'&d$-AT-Pc1L"
XB-AT-*[GA)J)Q0[E-AT-eKEQ4PC#)JD-AT-iJG'KP)'PZDA4TB-AT-`JCAKMD'&ZCf8JEfiJG'K
P)'aKBQpeFL"YBA*VCA3X)'&ZC!eXB-AT-*[GA)J)Q0[E-AT-eKEQ4PC#)JGfPdD'PZ)'0
KF'PdB-AT-aTFh3JF(*[C(9MG'P[ELiJ8feTG'JRFb"fB-AT-aeC5"KFb"XB-AT-*[GA)0Bfp
YE-AT-&ZC'9N)'4[CA-JEQpd)'eKDf8JB5"REfpN)("bD-AT-0P)(4SC-AT-pbH5`JBQ9MBA9
cC5"[CL"XEfGTBf&X$-AT-0TFQ0eE'&bDA4j,L"8D'8JE'&LEh9b)'0[E-AT-eKEQ4PC#"
LH5"K)'0[E-AT-e[C'PdH5"fBA*TCA-JGfPdD#"dD'8JGf&RC5`JB-AT-jN$-AT-KPEQ0P)(G
TG'JJG'KP)("bD-AT-0P)'pQ)(0eBR0TFh4PEQ0P)'G[Ef4c1b"cD-AT-eTE'&bE(NX)&0
YDA4S*h-JEQ&dGA*KE#"`FQPMC3eTFb"NCA4PFQeTEQ9N)'*j)(GKCf9c,#"`FQp
QDA3JB-AT-jN)(*PER3JBA3JG'KPDA)JBACPFQ&RC5"XCACPE#iJ8(*TBf9c$-AT-4PF'9
ZC#"[EL"`FQPMCA-Z)%jPGQ9bG'KPE'9cFb`JDA3JDA-JBfaPBA)JG'KKG#"6E-AT-P
dD#"bC-AT-aKG'9c)(CKE(9P)(4[$-AT-aKBQpeFL"MEfeYB-AT-jNC-AT-3JCQpb)'%JFQ9KFfp
Z)(9ZB-AT-CQC-AT-0dC-AT-3JBRNJDA4c)'CKD-AT-aeFQ8JBA-JC'9dCA*YD-AT-jKER3JEfB0F(*
TBf9c,#"XB-AT-*[GA)JBfpYE-AT-&ZC'9N)'*PD-AT-jR)'%JE'9RDA4TE-AT-&dC5"TEQ4PH#"
QEh)JG'KP)'0[ER4bD-AT-*eG'P[EL"[CJedD'8JFh9bF'aeFb`JD-AT-BJC-AT-jdDA*PE(N
JC'9fEh4PC#"dEb"dD'8J380$98e96%&858p1)'pQ)'0KF'PdB-AT-`X)(4[)(4SC3e
RFQphG'JJEfBJC-AT-e`E'pjE-AT-9ZG#iJ3RNJE-AT-9KER-JEfBJGQ&XG-AT-8JG'KPEh*j,#"
6E-AT-PdD#"KFh0PFh0PFb"dD'8JEQ&dGA*P$-AT-pQ,#"KEQ3JF(*[GQPNCA-JG'KP)'e
PBA0eFQ8JCQpb,#"MBA"TG'&XDA0d)'4PGQ9XEh"YC-AT-jd,#"cC-AT-9Z)'&c)(4SC3e
`FQpMCA0c)(4SBA3JG(*KER0QEh*YFb"LC-AT-GRBA*c)'PZG'mJB5"RFQphD-AT-jR)'9
YF'a[H-AT-9N)(G[FQXJCQpbBf8JGfK[Ff80FQ9KE#"TEQ0[E-AT-8JD-AT-e`FQpfCA-JGfP
dD#"dD'8JFQ&dC5"[CL"KBf0eEA9XBA4TEfiJ+&"TCA4bB-AT-jPFQ%J-6Nf-bNZ$3d
*8QPMBA*NEb"REf9c)'*KBfXJG'mJ8feTG'JRFb"QDA*cG#"NC-AT-CTEQPdD-AT-pZ,#"
dD'8JEfjP)(*PE'&dDACP)(4[$A"bC-AT-0KF'PdB-AT-aTFh3JCAKMD'&ZCf8JGfKPFQ8
JE'&LEh9b)'0[E-AT-eKEQ4PC#"TFb"PFA9KE#"dEb"[BQTPBh4TCQPPC!eXB-AT-*[GA)
X)'&ZC#"PH(4PEQ4c)'Pd)(4[)'G[GQ9bEL"KE(0[)'0KF'PdB-AT-aTFh3JCAKMD'&
ZCf8k)(4SCA*PCQpbC5`JD'Pc$-AT-Pc)'%JE'&LEh9b)'9YBQpND-AT-9N)(CKE(9P)(4
SC-AT-pbH5iJ9'KP)'9iBfKKEQGP)(*KG'P[)'*PG(GPC-AT-iJB5"`B-AT-Pb)'pQ$-AT-0[E-AT-e
[C'PdD-AT-9c)'Pc)(*PCh9XBA4PC#"LH5"dD'8JFQ&dD-AT-mJBQ9dGf9PEL"dD'9TFL"
bCA0`C-AT-0dDACP$5*ND-AT-CQD-AT-0eE(4TCA-JEfBJF(*[C(9MG'P[EL)Z)&4SC5"fB-AT-a
eC5"[CL"K)'0[E-AT-e[C'PdH5"TFb"RDACPEL"LH5"dD'8JFh9Y$-AT-pQ)'0eFR*PER3
JB-AT-jN)("KFh3JE'&LEh9b)'jPC-AT-4PC#"dEb"`FQpNG-AT-0P)'Pd,L"#C-AT-0KGA0P)'p
Q)'KTF`eND-AT-CQCA*PER4TB-AT-`JFQ9ZG#"dD'9[FRNX)&*TBf&bC'mJC'pPFb"ZEh3
JD-AT-jME(9NC5"bC-AT-jd)'&c)'4PG'9bE-AT-PZB-AT-jd)'pQ$3ePH'0SB-AT-jRC5"fB-AT-aeC6X
JBQ9MBA9cC5"SC5"bCA0[E(CPFb"MBA"TG'&X)'PZG'mJD-AT-jNDA*PBh3JE'&LEh9
b,#"SC5"KE(0[$-AT-GPG(-JFQPN)'pQ)(4SC5"TEQCXG-AT-9ZBf8JEfBJ)Q0KF'PdB-AT-`
L,L"&H'0SB-AT-jRC5"bBA4TEh-JC'9bDACP)'pZE(NJCR*[E5"K$-AT-eKG'9bD-AT-&X)'9
XC-AT-ePER3X)'aKBQpeFL"PE-AT-*[C'PPC#`JB-AT-jN)'j[G#`JBA-JD-AT-iJ8feTG'JRFb"
fD-AT-0TEh9c$A*PBA0[EQPZCb`JCR*[E5"[G'KPFL"fB-AT-aeCA-Z)&*TBf&bC'mRFb"
KF("bEf&MD#`JD'phCACPFL`JC-AT-jMEh9ZG'9bFb"K$-AT-4PBfPcDACP)(0dG-AT-eLE'P
ZCb"LE'pMDbiJ9'KP)(*KG'P[Fb"LCA4hC-AT-9Z)(4SC5"bC-AT-aKG'PfC5"ND-AT-CQD-AT-0
eE(4TCA-JEfB0F(*[C(9MG'P[EL"cD'peE'3JD-AT-eYC-AT-4TBA4PE(NJCAK`FQ9cFb"
MEfeYEf4TG'PPFbFJCAKMD'&ZCf8JFQ&dD-AT-pc,L"#GA3JG'KP$A4TE-AT-8JFh4bG-AT-0
dGA*P)'pQ)'aKBQpeFL"PE-AT-*[C'PPC#!Y)(4SC5"`FQp`Eh*dD-AT-pZFb"[CL"TEQ4
TFQ9MG#"dEb"NDA*PBh30E'&LEh9b)#dJDA-JEQpZ,A9ZD-AT-C[FQdJB-AT-0bEh0c)(C
KFQP[GA-JD-AT-jNGA0dFQPPFbiJ4A*REb`JFQ9XBA4TGQ8JF(*TBf9c$A"bEh"[FR4
TEfjKE#"dEb"XB-AT-*[GA)JC-AT-eLEf4TC-AT-3JCfpPFb"KCf&TER0d)(4SC5"MEfe`CA4
TG'PfC5"MEfjNDA4TEfiJEfB0B-AT-iJCA&eB-AT-`JFQ&dC5"[CL"`FQpQDA3Z)&4SC5"
XBA4P)&*TBf&bC'mJG(*TC-AT-3JG'mJEhCPFQ0[E-AT-8JG'KTFb"`FQpLE'9Y$AGTG'J
JB-AT-iJ58j-AT-39**38*-45"69%&14%&54#"24L"-AT-38a945"PFh4KBQaTFfKTEQFJB-AT-i
J)Q&LFfpXGA4P)(CKE(9P)L`JBR9d$AGTG'K[GA3JFh9MBf9cFbiJ3-AT-*cEfaeG'8
JGQ&XG-AT-8JDA-JEQpdD'PZCb"[G'KPFL"dD'&Z)'%JF'9MG-AT-aTBA)JDfPZC#"[CJe
bC-AT-aKG'PfC5"fB-AT-aeC6SJDA3JDA-JG'KP)'9iBfKKEQGP)(*KG'P[)'pQ)(4SC5"
MEfeYEf4TG(NJGfKPEL"MEfe`BA*PC!ehDA4S)'%JFh4KEQ4KFQ3JFQ9aG-AT-PbD-AT-j
R)'PZ)'9KBfJJF'9bD-AT-pN)'&Z)#*TERCKFQPKBQaP)L"KE-AT-peER3JEfBJE'&LEh9
b$A4[)'*P)("PFQC[FQePC$XJBR9d)(4SC5"RC-AT-jPFQ&X)'4TCQCTBh9XG(NJFQ&
TFf9N)'&LEhCP)'Pc)(0dD-AT-aX)("bCA0PER30B-AT-acEb"TEL"dD'Pc)'CTBh4TG'P
[GA-JCAKMD'&ZCf8Z$3d*9fKPFQ9KFb"QEh)J8feTG'JX)&"26%P8580"6#"&3dp
16deC)'Pc)(4SC5"TER&eDA*j)'PZG'mJG'KP)'0KGA0PFb"[CL"dD'80Gf9KE(4
S)'pQ)'jKG'P[ER-X)'C[FL"5D-AT-0KFQ4[)'Pd)'4PB-AT-ac)(*KG'KPFL"hDA4S)(4
SC5"NDA0dFQPLGA4TEfiJEfB0FfpMD-AT-&X)("bEf4eBh3Z)&4SC5"cEf0TB-AT-`JF(*
[C(9MG#"TFb"VEQphEL"LC-AT-C[FQ8JDA4c)'4TFh4bD-AT-*eG'P[EMSJCfPfC-AT-i0G'K
P)(*PB-AT-`JGf&RC5`JFQ9ZG#"KEQ3JF(*[CQPdFb"KFQ8JD-AT-jfCA*cC-AT-aj)(*PE'&
dC-AT-3Z)%pZ)(4SDA-JEh9dE'p[Db`JG'KP$A*PCQ9bC-AT-jMC5"dEb"PE-AT-*[C'PPC#"
XB-AT-*[GA)JF'aKHA-JB5"MFR9MD-AT-&X)(*[E'8X)'&XE'phD-AT-jR)&*TBf&bC'mJG'm
JCQPi$A4SC5"`FQpQDA3JFQ&dC5!Y)'jKE-AT-9XH5`JG'KP)'4PG'9bE-AT-PZD-AT-jR)'C
KBh4[FL"QEh)JG'KP)'PZG'9ZFfPdH5"KEQ3JG'KP$-AT-4PFh4TERNJEfBJBf&`DA4
KE'PcG#"KBf0eEA9XBA4TEfiJ,5"TEQ4PF'9ZC'9ZG'aj)'CbEfdJF(*TBf9c,L"
ADA4S)'KTF`efB-AT-aeC5"dD'9[FRNJ8QPMBA*NEb"LG-AT-PXC(-JGA!JB5"NH-AT-jKE-AT-P
M)%4*8e4558*99%P26L"85%928PNZ)&0538C'35"RDACPF`eK)'C[FQeKE'aj)'P
ZC'PcF(9dB-AT-*XC5"cEfaeG'P[EL"dEb"5D-AT-0KFQ4[*h-JBfpZG(*KC'PMG'P[ER-
Z)&4KDfPZCb"KF`eRDACPEL"TEL"`D(PcD-AT-0KE#"dCA*YFb"dD'8JG'9MD'jTBf&
X)'0[EQ4TG'P[ER-JEfBJF(*[C(9MG'P[EL`JG'KP)(0THQ80B-AT-jN)'0[EA"[FfP
dD-AT-pZ)'pQ)(0[BfPKE#"`FQpNG-AT-0d,#"KEQ3JG'KP)(GKCf8X)'KP)(0TEA9XG'&
ZC-AT-peFfaj)(0PG(-0F(*TBf9c)'&ZC#"dD'8J+'GbEh0c+5"bBA4P)'pQ)("bEfC
TG$SJG'KP)(*PCQ9bC-AT-jMC5"dEb"XB-AT-*[GA)JDA-0D-AT-e`E'PMDA4XH5"cD'phEL"
dEb"LC5"bC-AT-4eEQ4KER3Z)%PZ)&0bB-AT-CQB5`JD'phCACPFL`JG'KP)(0KE-AT-8JF(*
[BQaPE-AT-&dD-AT--0EfBJGQ&XG-AT-8J,5"dD'&d)'Pc,#"dD'8JD-AT-4PB5"[CL"cEfePG'K
TEQFJ)Q*PD'PZC#)JG'KP)("bEh"[FR4TEfjc)'*j)(GSD-AT-0S$-AT-0[E-AT-e[C'PdD-AT-9
c)'&bC5"PH'0SB-AT-jRC-AT-3JEfiJG'KP)'eKFQYPG#!Y)'Pc)'a[Fh3Z)&4SC5"NDA0
cEfaeG'P[EL"[CL"fB-AT-aeC3eTER4[)("bD-AT-0P)'ePB-AT-jc)'0eG(4TEQFJG'KP)'p
bD-AT-GTEQ&bH5"XD-AT-jV)'pQ)(CKE(9P)(4SC-AT-pbH5"hDA4S)(4SC3edD'9[FQPPFb"
[CL"PBfpZEfeTBb"NCACPE'p`E-AT-9ZG#"KEQ3JEfBJC(PZB-AT-eTBb"NDA0dFQPLGA4
TEfiZ)%C[FL"dD'9cC3ebC-AT-&cEfjc,#"KE-AT-pZCb"[G'KPFR-J+'&LEhCP)'&XE#`
JG'KP)'PZCA0cC-AT-jdD-AT-&XDA4j)'pQ)'e[EQ9j)'C[FL"dD'80E-AT-pNC-AT-`T,#"TG#"
TFb"MEfjdFQpfCA*cD-AT-&X)(GSBA3J8h*KCQCK*h-JF'pcDA4TGQ8JBfpZG(*TBR9
dD-AT-pZ)'Pc)(4[)(4SC3ecG(9NH5"[CL"dD'8JBf&`DA4KE'PcG#"PBfpZEfej,Jd
0#8%JFfPYD-AT-aKFL"dFQ&UC-AT-0dEh*j)'&QCQ9MG(-J6N923da"8e0*3d&-)%9$6dj
268P$8biJ9'KP)("TEfjPCA*c)'pQ)(4SC3eYBA*RD-AT-jKE'PcG#"bCAC[E(9dD-AT-p
Z)'4TFh4TEQGeDA0S)("bD-AT-0P,#"KFb"dD'8J)QpLDQ9MG'PfC5)JF'KPEQpYC-AT-j
[EL`0CR*[E5!LFh9LDQ9MG'PfC5)JGQ&XG-AT-8X)'GbEh9ZC'9N)'PZ)(4SC5!SC'9
MFQ9KFfPZCbNJE-AT-&bCfPZB-AT-`JC'9RFQ9P)'pQ$A0KG'PcCQ&MG'P[EL"`FQpfD-AT-4
PC#"LH5"dD'8JE'&cG#"eEQPd)'pQ)(4SC5"REfpN)(4SC5"TEQ4TGQPNG-AT-&X)'0
[E-AT-9c)(4[$A"[Fh0PFh-Z)&4SC5"NDA0dD-AT-jMG'P[EL"TFb"PH("XD-AT-0TG#"TEL"
0C-AT-jRCA)JB-AT-jN)'PZ)(4SC5""99088NP"6L"63dK26d`X$AGSCA*P)(9dD-AT-aTG(N
JDA-JG'KP)'pZE(NJBf&eFf8JEfBJGQ&XG-AT-8Z)%Pd)'Pc)'PYF'aTBfPd)'PZ)%T
PGQpZFb"KEQ3X$-AT-e[FQ8JBfaPBA*XH5`JD-AT-iJ6-AT-&bFfKKE'`X)(GSEb"`GA4c)'0
[Fh3JG'pRCA4SCA)JGfPdD#"eG'PXDA4j)'&c)(4SC3ecC-AT-0[EQ3JE'9R)'e[GQP
ZCb"PH'0SB-AT-jRC5"bBA4TEh-l)'Pd)'Pc)(0TE-AT-PXBA*XH5"TEA"XD-AT-0TG#"TEL"
AB-AT-abBA-X)(GSE`ecG'&dCA-JG'KKG#"eG'PXDA4j)'GTGQ9c)(CKE(9P)(GSC-AT-i
JBfpeF'aPC#"hDA4S)(*KFQ9dML!SFf0KFQ0TG(NT,Je#QQKY,8*KGf9bDb`JCQp
XE'phD-AT-jR)&0PEQP[FLGc)'C[Eh4cG'9`Fb`JE'p[Dh-JBA3JF'pcG("[EQ9YC-AT-j
d)'pQ$-AT-0[ER0eEA"dD-AT-pZ)'&c)'&ZEh4SCA)JFfpeFQ0P,#"[FQPRD-AT-jKFRNJG'm
JG'KP)(0KE-AT-8JCAKdC-AT-jd)'&c)'aKBQpeFL`0B-AT-4ND-AT-jR)(4[)(4SC5"fB-AT-aeC5"
[CL"dD'8JF(*[C(9MG#iJ9'KP)'4TFh9dD-AT-aTG(NJEfBJ)Q&LFh4TEQ9ZBf8L)#K
[FJdLGf&TG'PZCb)T)'TeFh4TCQPPFb"dD'8JFf&fCA)RFb"ME'&TE5"dEb"TER4
PFQ9cG#`JGfKTE'8JG'KP)'PZBh*PBA0PC!e`FQpNG-AT-0dDACTG(NJFQ9cG-AT-adD-AT-j
R)'CbEfdJG'KP)'KTCfKPFL!LFQpeEQ4KBQpeG'jPFh-L)'PZ)("bEf4eBh4TEfi
0B-AT-0dG-AT-&XE(NJB-AT-aXEhGc)(4SBA3JFQ9hBA*N)(4[)'*P)'GTGQ9Z,L")CA*P)'&
RB-AT-PZ,#"cG-AT-*UC-AT-0dDACTFh3JGQ&XG-AT-80G'KPEh*j)(4eFQjc)(4SC5"cC-AT-&bBfJ
JCQpb)(4SC5"MBA9cC5Kc+5"[CL"PH'0SB-AT-jRC5"fB-AT-aeC5"TER4[)'&Z$-AT-9iF'a
KEQ&dD-AT-pZ)'pQ)(GSBA3JE'PPFb"LC-AT-KTEQ3JG'KP)%9$6dj268P$)&098P"-99-
J,5"hDA4S)'0KF'PdB-AT-`0+(0KGQPZCbNJFfPZCfaPC#"[GA3JBA-JG'KP)'CKBh4
[FL"dD'&d)'pbD-AT-GTEQ&dCA-JG'KP)'aKG(4PFLi0$3P-AT-B-AT-aeC5`JFQ9QE'9MG'P
ZCb"cBf&bBfPdH5`JCfpfCA*ZFb"bBA4TEfjKE#"MD'pTBf8JEQpd)'pZE(NJD-AT-i
JCAKMD'&ZCf80C-AT-0[EQpYD-AT-9c)'*eG#"KE(0[)'PZ)(4SC5"TEQ4TGQPNG-AT-&X)'p
b)'PZ)&"-38j158j()#K5Ef*LD-AT-jc+5iJ3f&bC'PZB-AT-`0FQ&ZDfPZCb"[CL"eG'P
XDA4j)(GKFb"cEfpZ)'4TFh"eG'9N)'&ZC#"NDA0`E'&MC-AT-3JBRNJEh*ND-AT-jKE'P
cE5!S8'&bCA4[,!e)D-AT-0VFb"KEQ3J3-AT-aXC-AT-iT)&4SC5"eG'PXDA4j)'PdFf9XCL"
hBA-JG'KPEL"cGA"PFR0PC'9N)'*j)(4SC5"YEh*P)'jPGA4bB-AT-`0F(*PCQ9bC-AT-j
MCA-JBA-JGfKKG#"TFb"YBAKTE-AT-PkC-AT-3JBRNJEh"dD-AT-eTHQPZCb"TEQ4TGQPNG-AT-&
XFbiJ9fPdD#!LFQ9fC-AT-&XC-AT-3L$A"bC-AT-CPFQ9ZBf9c,#"MD'pTBf8JDA-JB-AT-0MEh9
ZG'9N)'C[FL"LH5"KCf9ZG(-R)'*PD'&fD-AT-peFL!Y)("bC-AT-0TFf9XH5"hD'&d$-AT-j
PC-AT-4c)(4[)'*P)'9iF'aKD-AT-jPC#!S8f&YG-AT-9XFfpZ+5!Y)(4SGA-JBfpZCQPbE-AT-P
ZCb"$BA0cC-AT-aX*h-JC-AT-&bE(NJD-AT-jcD-AT-GSG!eKBQpeG#"dD'8JDA*bC-AT-aPGQ&ZBf8
JEfBJGQ&XG-AT-8JG'KPEh*j)'&c)'4TFh4TEQ0d)'CbEfdJ8&**3d8J9%K&6e*C,#"
hD'PMD!eSC5"cBAFJBA-JCAKSBA9cG'PZCb"PBfpZEfeTBb"dD'9[FRNZ)#"8D'8
JFQ9NG-AT-jNB-AT-jMH5"[CL"ZC-AT-pME'&cFfPMB-AT-`JGQ&XG-AT-80G'KPEh*j)'Pc)'&XFfm
JBfaPBA)JD-AT-iJG'KP)%&bFQph,84PBR*PG5"RC-AT-jPFQ&X)'9MEfj[E-AT-PM)'9aG-AT-P
XD-AT-*bDA9Y$-AT-e[C'9X,L""EQpdD'9b)'&ZB-AT-a[ChNJGfPdD#"6FQ&QCQ%JE'PPFb"
TEL"dD'8JFA9PFh4TEfjKBQaP)(9cC-AT-CeE'jPFh-JEfB0G'KP)'e[C'9X)'C[FL"
dD'8JFh4eC(NJEfBJG'KP)'0KF'PdB-AT-aTFh3JC-AT-0[EQpYH5`JBQpdD#"LC-AT-0KGA0
P)'Pd$-AT-4PFf0bD-AT-*PFb"K)'GbC-AT-&d)'eeE(4TE'&dCA*KE#"LBA*dCA)JGfKPFQ8
JE-AT-pZCANJDA-JEQpd)'jPC-AT-4PC#`JB-AT-jN$-AT-*PBf&eFf8JG'KP)(9ZD-AT-0TG(NJB-AT-j
N)(0dB-AT-*TE'PdH5"[CL"dD'8JCA&eD-AT-aTBR*TG-AT-dJBA*P)(*PB-AT-0SC-AT-3JEfjXH5"
eEQ4PFJefCA*j)(0`C-AT-0TB-AT-`JBfPbBh9YFh4KEQ0PFbiJ)%PZ)%&bFQph,84PBR*
PG5"KCf9ZG(-JD-AT-jTG'PKE#"PEQ4[GfePER4c)'&bC3eRDACPEL"TEL"`D(PcD-AT-0
KE#"dCA*YFb`JBRP`BA0cD-AT-jR)(4SC5"1C-AT-p5D-AT-0KFQ4TB-AT-iJBh*TG'PMDA0Y)'p
Q)#*MBA"TG'&X)JeKFb"K)'CKBh4[FL"[CL"`FQpNG-AT-0dD-AT-pZ,#"LGA3JB-AT-aXEhG
TEQFJCQpb)'%JF'aeFQ&XDA4j)'pQ)(*KG'9c)'pQ)(*PG(9bEJeKEQ3JCQpb)(*
KF'PN)'0SB-AT-jRCA-JD-AT-iJG'KP)(0THQ8JB-AT-jN)'0[EA"[FfPdD-AT-pZ)'pQ)'0KF'P
dB-AT-`JFh4[BfXZ$3d*9'KP)%jPEf0XBA0cD-AT-0KE#"`D-AT-0dGA*P)'pQ)(4SC5"PBfp
ZEfeTBb"`FQpMCA0c,#"hD'9bC5"%48e"6N3J38j%)&098&"--AT-5"KFQ8JD-AT-jdCA*
NCA"PEQ4PER3X)'&ZC#"dD'8J3faKFh0TBf&X,9*TBf&bC'PKEL"[EQ8X)(GSCA*
P)(0TEA9XG'&ZC-AT-peF`eNCA4PFQeTEQ&dD-AT-pZ)'pQ)("bD-AT-0PFb"KEQ3JC'PcG(*
TBR9dD-AT-pZ)'0[E-AT-9c)'&QG'9b)("bEf4eBh4TEfiJ+(*PC(9MC-AT-3JG'm0B5"dC-AT-0
SEQPMB-AT-`JC'PYC-AT-jcD-AT-pZ+5`JBA*P)(4SC5"dGfmJD'&XGQ9c)'0[ER0dDA4eG'P
ZCb!LFQ9KE#)JB-AT-jKE(PcDA-JD-AT-i0G'KP)&0MD(9YF'9dCA*TB-AT-iJFf9ZFf8X)(G
SD-AT-0S)'0XB-AT-PYFb"dD'&d)#*KE'`JCA0cC-AT-jdD-AT-&X)'CPBA4eFQ9c)'pQ$-AT-9MEfj
[E-AT-PM)'aTCQ8JBf&Z)'*P)(*PF(*PFf9ZG'9N)'*j)'%JBQ&bG'9b,-AT-9MEfj[EAN
JE-AT-pNC-AT-`L,L"8D'8JEfjXH5"fB-AT-aeC3edD'9[FRNJGfPdD'PZ)'%J)Qe[EQ9dBA*
j)L"KEQ&XHA0TFb`JGfKTBfJJ)QPZG(*[C(9MCA-JG'KP)'9XC-AT-ePER3JEfBJE-AT-p
ZCAN0EfiJG'KP)(CPFRNJCh*[G-AT-jN)'CXEfpb)'pQ)'peFL"KEQ&XHA4TBb"cG(*
eBh4eFQ8L,#"TFb"039*B*h-Z)%eKFRJRF`eZEhCPE(4j)#K1BA"[E'9[EQNJ-6N
h-L`J3Q9XE'pQD-AT-pbC5!a16Jj+5"YBANJBQ8JBQ9dG'9b)'&`F(*PBfPKG'9N)'*
j$-AT-0[EA"KFQPcEfiJGfPdD#"6E-AT-PdD#"KEQ3J8QPMBA*NEbiJ3-AT-0MEh*ND-AT-jR)(4
[)(4SC5"$E'&cFfPMB-AT-ac,!ePH'0SB-AT-jRC5efB-AT-aeC5"TFb"bC-AT-GeE'&dC-AT-3JBRN
JE'&LEh9b,#"KFb"dD'Pc)'Pc)'&XGf&jFb"KEQ3JCACPFRPhD'9bC5"dD'80)R*
PB-AT-`JBfpcG#)JEfBJF(*[C(9MG'P[EL!SB5"ZBA4eFQ&XDA0dD-AT--JEQpdD-AT-pZ+5i
J6fiJG'KP)'0[ER4bBA*j,#"QEh)06-AT-&bH#`JGQ&XG-AT-8JDA-JE'&LEh9b)'pZE(N
JD-AT-iJBf&`DA4KE'PcE5`JBA-J)Q&LFh4bB-AT-0d)L"XB-AT-*[GA)J,5"dD'&d)'Pc,!e
KE'PPEQ&dC-AT-3JB-AT-jN)'pdD'9b,-AT-4TFQ9MG'9N)'aKBQpeFL!SB5"SDA0dEh*TBf&
XE(NJC'9dCA*YD-AT-jPC#"ZEh4TEfiT,JdL3-AT-aTC-AT-jKG'9N)L"XB-AT-*[GA)X)'*PBf&
eFf8JDA3JF(*[C(9MCA-JCf9ZCA*TBb"hC-AT-&XG'Jk)'PZ)'0KF'PdB-AT-aTFfdX)'&
c$-AT-&Z)'PZFh4KEQ0P)'pQ)'GPEQ9bB-AT-`JCAKMD'&ZCf8X)'aKBQpeFL"TFb"TE-AT-e
PC'PKG'9XH5"`FQPfBA4P)'&ZC#"LC-AT-0[E-AT-9c$A0[BfPKE#"dD(*[G-AT-GS)(4SC5"
PH(4PFQjKE#"XD-AT-jV)'pQ)(4SC5"YBA*VCA3X)(GSCA*P)'Pd)(4KDf9c)(4SC5"
fB-AT-aeC3eQEh*Y)'PZ)(4SC5"YCA4KE-AT-pbF'K[FfPc)'PZG'mJE-AT-pZCANX)(GSD-AT-0
S,#"KCf&TER0d)&*TBf&bC'mX)'Pc)'PNC-AT-jdD-AT-CTC-AT-30BA-JG'KP)'jPBf9cFf&
bH5`JBR9d)'PZG(*TER0TBf&XE(NJ)RCKFQPKBQaP)L`JCAKdCA*ZB-AT-`JE-AT-9KFh9
bC5"[CL"fB-AT-aeC5i09'KP)(4bG-AT-8JEh9dF(9d)'pQ)'0KF'PdB-AT-aTFh3JE'&LEh9
b)'Pc)'e[EQ9j)(*KG'KPFL"dD'&Z)'0[EQ0bCA4P$A9cC5efB-AT-aeCA-Z)#*2G'K
PFLeNDA*PBh4PC#)JE'&LEh9b,#"LC-AT-0KGA0P)'Pd)'Pc)'4PG'9bE-AT-PZC-AT-3JBRN
JF(*[Bf9cFf9c$A4SBA3JBA*P)(4SC5"PEQ3YFQ9cG-AT-ad)'pQ)'%JBfpZFf0TEh9
cEQ9cFb"KEQ3JB5"hD-AT-aX)(0PF'&bBA4PC#"QFQpY)(4SC3ehEh*VCA*c1L"XB-AT-*
[GA)JB-AT-aTC-AT-jKG'9N)'PZ)'9iBfKKEQGP)'Pc)(4SC5"[BQTPBh4TCQPMBA4TEfi
JEfBJGf&RC3ePBA*ZCA*c*b"XDACTEQFJE'&LEh9b1b"dD'8JFfpMD-AT-&X)("bEf4
eBh3JBQ9MEfePFb"MBA"TG'&X)("bEf4eBfPZC`e699*36&96)&C"6&9&)'PQ,#"
TEL"dD'8JFfKKF'8JEfBJE-AT-pZCANYBf&`DA4KE#`JDA3J)Q0[E-AT-eKEQ4c)L"[EL"
dD'80E'&LEh9b)'eKFQYPG#"dD'8JFh"PBfPKE#"MEfeYEf4TG(NX)'aKBQpeFLe
`EhGPFL`JB-AT-jN)'0[EA"PE(-JDA3JG'mJGfpbD`eYEh*P)(4SB-AT-iJG'KP)(4TE-AT-8
JEQ9PC'9N)(4[)(*PF(*[C(9MC5"dD'8JCA&eDACKE'9ZG#"[CL"dD'8JGf&RC5i
J4QPZB-AT-`0CAKMD'&ZCf8JB-AT-0dG-AT-&XDATPFb"dD'8J49K36%p*9%&858p1)'pQ)'%
JE'&LEh9b)(GSEh0P)'PZC'PbC-AT-0d)(0[BfPKE'PdH3eSBA-JBQ9PEL"KER4TBfP
`BA4PC#"TEL"dD'8JGQ&XEh*THQ&dD-AT-pZ)("bEf0PFh-JBRNJBf&`DA4KE'PcG(-
0+&*PGA4PELeAD-AT-aXD-AT-&YFb!a16Jj+5i0$3P%CA0`DA4P)'KTFb"PFR*[FR-X)&0
YDA4S)(GKFb"dD(9c)'pZ)(4SC5"bD-AT-GSG#"dFQ&MDbiJ9Q&XG-AT-8JBA-0Ef*UC-AT-0
dD-AT-CTC-AT-3JE'&LEh9b,#"NC-AT-&N)'PZ)(4SC5"MEfeYEf4TG(NX)'Pc)(4SC5"PEQ3
YFQ9cG-AT-ad)'pQ)'&Z$-AT-&MG'PfDA4j,#"dD'8JE'PfD-AT-jR)'aKBQpeFL!LBfpYE-AT-&
ZC'9N)L"LH5"`FQpNG-AT-0dDACP,-AT-0KF'PdB-AT-`JD-AT-i0F(*[C(9MG'P[EL`JCAKdFQ&
MG'9N)'&QG'9b)'e[EQ9j,-AT-0KF'PdB-AT-`JD'&c)'*[G-AT-GSG#"XB-AT-*[GA)YF'phCA)
JD-AT-iJG'KP$-AT-PZDA4TB-AT-`JCAKMD'&ZCf8JEfiJG'KP)'aKBQpeFL"YBA*VCA3Z)&0
TEQ0P)(GSBA3J+(CKFQPKBQaP+5"MBA"TG'&X)'*eHA-0DA-JEQpd)'aKBQpeFL"
LGA3JFQ&dD'9b)(4SC5"KBQPXDA4j)(4[)(G[FQXX)(4SC5"XB-AT-*[GA)JC-AT-eLEf4
TC-AT-3JD-AT-iJB3eRDACPEL!SGQ&bD-AT-&LE'8T)'0KF'PdB-AT-`JDA-JGA0eB-AT-aXH5"XCA0
c)(4SB-AT-iJG'KP)'aKBQpeFL"MEfeYB-AT-jNC-AT-3JBRNJG'KP$A0KE-AT-8JBf&`DA4KE#!
Y)'jKE-AT-9XH5`JE'9cFb"dD'&Z)(4SC5"XDACTEQFJE'&LEh9b)'pLDQ9MG'PQH-AT-P
ZCb"TG(0PE'BJD-AT-i0+'e[FQ8T)'&LFh4bB-AT-0d)(GPB-AT-adD#iJ9'KP)(*PBA0[EL"
TFb"dD'&d)(4SC5"MBA"TG'&XDA0d,#"XD-AT-YP)'&ZH5"LGAPPFL`0Bf&Z)'4[)(G
SBA4PGQ9b)(-[D'8JGfPcD'9c)(GTG'JJG'KP)(9cC5efB-AT-aeC5"KE'PPEQ&dC-AT-3
JBRNJG'KP)(0PE'aPFL`0D5jP,L"dD'8JGfpbDf9b1L"dD'peCfJJG'KP)'*PBA*
PFL"[CL"dD'8JE'&LEh9b,A"[Gf9b,#"dD'8JGfpbDf9b)'0KEL"ZE`eXEfjRCA)
JBfaKD-AT-dJB-AT-jj)#*bD-AT-GSG#)JG'mJDA3J+&*[Gh4SEh*Z)$%j0c3T,L"8D'8JGA0
P)(CKE(9P)'pQ$-AT-aKBQpeFLe`EhGPFL"TFb"XB-AT-*[GA)JD-AT-iJE-AT-pdD-AT-pZ,#"dD'8
JFh9LFh4KEQ0P)'pQ)(CKE(9P,#"hD'PMD#"MB-AT-iJBQ80F(*[E'pZCf9N)'*PH-AT-p
ZC#"dD'8JE'&LEh9b)'9YBQpND-AT-9N)'PZ)(4SC5"PH'0SB-AT-jRC5"fB-AT-aeC5"[CL"
XB-AT-*[GA)YF'phCA)X$-AT-NZC5iJBQ9jEfjN)(4SC5"XB-AT-*[GA)JEQ9PC'9N)(4[)("
bEf4eBf8JG'KP)(GKCf8JCfp[C(-JE-AT-&NC5"KGQ&TE'&LE'8JEfi0G'KP)'eKFQY
PG#"dEb"dD'8JGfpbDf9bFbi0$3P0BA*i*h-J6%e95)&4)48p5-AT-5"24L"-AT-38a
945"TFb"KBQpfC5"KE'`JB5"dD'9[FRNJEfBJG'KP)'pbD-AT-GTEL"[CL"dD'80Bf&
`DA4KE'PcG#"cGA*`E(9c,#"KEQ3JD'9ZBf8JB-AT-iJD-AT-jaG-AT-PbH5"TER4[)(4SC5"
ZBA4eFQ8JB-AT-jN)(4SC5"XBAGc)'pQ$-AT-e[GQ9YC-AT-jd)'pQ)'0KF'PdB-AT-aTFfdJFQ9
MEfjcG(*eBh4PC#"KFb"K)'0jBfaP)'p`C-AT-jPC#"LH5"dD'8JB-AT-4fB-AT-jMC5"[CJe
YEfjPH5eMBA"TG'&X)'pZ)(4SC5"XB-AT-*[GA)JE-AT-&bDf9d,#"`FQpMC-AT-9ND-AT-jR)(G
TG'JJG'KP)'0bC-AT-&dD-AT-pZ)'pQ$5K`Eh4PER4TB-AT-`T)(CKE(9P)'&ZC#"cGA*`E(9
c)(CKE(9P)'PZ)("bEf4eBh4TEfiX)'&ZC#"ME'pcD-AT-jR)(GTG'JJG'KPDA)0)R*
PB-AT-aTFf&dD-AT-pZ)L"[EL"dD'8JBfpYE-AT-pNDA4j)'eKFQYPG#!S3Q9XE'pQD-AT-pbC5e
'D-AT-jPE'aT)$%j16FT,L"8Eb"dD'Pc$-AT-9ZC#`JB-AT-*cG(*KBh3JE'&LEh9b)'Pc)'%
JEQpdD-AT-pZ)#*TEL"`FQpRFQ9cFb)X)'ePFQGTEQFJB-AT-jN)(0eF'9bFf9ND-AT-jR$90
YDA4S*h-JE'&LEh9b)'0[E-AT-eKEQ4PC#"KEQ3J8QPMBA*NEbGc)'aKBQpeFL"PE-AT-*
[C'PPC$SJ6-AT-&bH#Gc)'Pc)'%0)R0eBf0PFh0TGQPcG#)JE-AT-pZCA4KFRNJGQPPGb"
[CL"dD'8JF(9YF'PZCb"[GA3JEfBJE'&LEh9b)'&ZC#"cGA*`E(9c$-AT-aKBQpeFL"
KEQ3JEfBJG'KPDA)JB-AT-0dG-AT-&XDATKG'P[EL"TEL"PH'0SB-AT-jRC5"hDA4SD-AT-iJG'K
P)(4TE-AT-8YD-AT-jdCA*fB-AT-`X$AGSD-AT-0S)'Pc)(4SC5"PFh0PER4TB-AT-`X)'&ZC#"cCA&
eC-AT-jdD-AT-&X,#"`FQpMCA0c)'KTC'4PEL"LC-AT-KTEQ3JG'KP$A0TEA9XG'&ZC-AT-peFb"
NCA4PFQeTEQ&dD-AT-pZ)'pQ)("bD-AT-0PFb"KEQ3JG'KP)(*KG'8JEfBJF(*[CQPd,L"
8D'8JGQPPGb"[CJeMBA"TG'&XDA0Y)'&c)'%JE-AT-pZCA4KFRNJFf9aG-AT-9ZBf8JGfP
XE#"LC5"dB-AT-YPEL"eF#"LH5"[G'KPFL"KGA4SEh*c$5KAD-AT-0VFf9XE#`J8f0SG-AT-e
`CA4PFL`J5d9C6N961b"dD'8JG'KPEh*TFh4c)'pQ)(4SC5"06dj&9%&5-AT-5"$59*
$98P8+5`0GfPdD'peG#"KERNJEhCPFR3JFQ9QCA*PEQ0P)(4[)(CKE(9P)(4SC-AT-p
bH5"KEQ3JCAK`E'pTG'&dD-AT-pZ,L"*CL`JCQpXE'phD-AT-jR$A4SDA-JG(*KC'PdD-AT-p
Z,#"YEfjPH5eMBA"TG'&X)'Pc)(0PC-AT-iJBA-JCA0cC-AT-jdD-AT-&XE(NJFfPRELeYEfj
PH5`JB-AT-*cG'PZC-AT-jMC3eMB-AT-jZEh3JBQ8JC'9dC-AT-0dC-AT-3JBA-JG'KP)(0[GA*MC5"
[CL"cGA*`E(9c)(CKE(9P,#"KFb"TEL"dD'8J6Q9[BfaKFh0TBf&X$A4bB-AT-4TG'P
[EL`JFfPZBf8JFf&fD-AT-jRFb"KFQ8JB5"cD'&bC5"[CL"dD'8JD-AT-jMEfeP)'0[E-AT-P
ZCb"QFQpY)'0KF'PdB-AT-aTFh30Eh9dF(9d1L"dD'8JE'&dG'9b)'4PF'9ZC(-JEfi
JG'KP)'4PBfPcD-AT-pZFb"[CL"dD'pcC5"hD'mJBfpZG(*[E#"YEfjPH3dSBQ&ZDh-
JB-AT-jN)'CTFQec+5"KEQ3J)'pZ)'0XBA0c)(0dFR9RCfaP)'PZ)("bEf4eBh4TEfi
Z)%Pd)'Pc)(0dD-AT-aX)'&Z)'p`C-AT-i0FA9PFh4TEfiJGfKPG'KPFL"[FL"ZEh3J6-AT-&
bH#Gc)(CKE(9P)(4SC-AT-pbH5"cG-AT-0MC-AT-9NFb"TEL"PFf0KF'PZCb"5D-AT-0KFQ4[*h-
0BfpZG(*KC'PMG'P[ER-JGfKPEL"TG#"NC-AT-4eBf9c,#"dD(*[G-AT-GS)'%JBfKKD-AT-i
JEfBJE-AT-9ND-AT-&dD-AT-pZFb`JG'KP)("bD-AT-0PF`e[CL"`FQpNG-AT-0dD-AT-pZ)#K6G'9PC'e
KEL!a16Fh,#"0EfKeEL!a16Nd,#"$BA*MD'9ND5e'FQ9PE-AT-&Z)$%j16BT,Jd08f9
P)'&XFfmk)'&XD-AT-9ZBA4TEfil)'0KF'PdB-AT-`JG'KPEh*j)'4PBQ&dCA-l)'0[EA"
PG'PdD-AT-pZ1b"XB-AT-*[GA)JB-AT-jN$-AT-aKBQpeFL"`EhGPFMXJFh9bF'aeFb"KF("bEf&
MD#"dEb"PBfpZEfeTBh-l)(4bB-AT-jcCQpbE-AT-&dD-AT-pZ)("bEf*XC-AT-dl)(CKE(9P$-AT-C
[G-AT-jNBA4TEfiJEfBJF(*TBf8l)(9cC5"fB-AT-aeC5"KEQ3JCAKMD'&ZCf8JGQ&XG-AT-8
Z$3e6C-AT-aPBh4PC#"5C-AT-CPFQ9ZBf9c$3e#C-AT-aXEfCTEh*P,#"5,L!S-6Ni15NZ)#*
")%e[EQ9dBA*j)%aKBQpb)&4SC-AT-pbH5"[CL"-AT-B-AT-aeC5iL)&*PGQPPGb"[CJe5B-AT-4
TBf&X)&"[E'PdD-AT-0KE#"&BfpZEfeTBh-X)(C[E#!b-5`JEQmJ-5db1L!a,6)e,Jd
03Q9XE'pQD-AT-pbC5`J8LiJB-AT-jN)&)Z)%CTEQ9XE'NJ+$%j16FT,L!L3f&`DA4KE#`
J6'&LEh9b)'&ZC#"8D-AT-eP,L"8D'806-AT-&bH'PKEL"0EfjPG'&bH5"-B-AT-*[GA)J9'K
PEh*j)'pQ)&CKE(9P)'&c)'%J9'KPEh*j)'pQ)%9iF'a[DA4KG'P[ELiL$8eKFRK
TB-AT-iJ4-AT-0[EQpYD-AT-0c1L"")&*PBA"`FQ&TFf&X)%9N,L"5,L"#C-AT-aXEfCTEh*P,L"
-EfjNEfiX)%eKBfeTE'aKELi0$80KFQ0SC-AT-4T,#"(,L"KEQ3J35iJ4R*PC-AT-eKELi
J+'9NFbiT)#Ja16Nf+5iJ6-AT-&bH#"KEQ3J6QpZ,89aG-AT-PXD-AT-*bDA9Y$89MEfj[E-AT-P
MFbiJ3-AT-aNCA*cD'pd,#"&C(GKFQ3J4-AT-aRBA)Z$3e0EfKeEL`J8biJ+$%j163T,L!
L35"5C5KTELPcG'&dC-AT-ePER3JEfBJG'KP)%aKBQpeFL"8D'9[FRNJEfBJ9Q&XG-AT-8
Z)Je$B-AT-eLFQPNCf8J5QpeFQjKE#"[CL"&BfpZEfeTBh-JGQpX)$%i,#"ZEb!d1L!
c16%Y0$%b,Jd06Q&`EfaPEfjT,#"$,L!S-6Nh-LNZ)%aPHQP[EQNJFh9X)'0KF'P
dEfa[)(0PFh4[)'PZC-AT-4TG'mJC'NJ6-AT-&bH#iJ9(9bD-AT-iX$8*[FQPZCfKTCA*T,Jd
06Q&`EfaPEfjT,#"$,L!S-6Nh0LNZ)&CKE'pbC5iJ6-AT-PXB-AT-iX)%PcC-AT-4T,Jd08'P
PG(*KEQ9bB5`J4biJ+$%j0M-T,L"-B5"dC-AT-pbD-AT-%JC'9X)(CKE'pbC5"P)'4PE'a
[)(0fD-AT-aeF("[)'0KF'PdB-AT-aTFh4TBfm0D-AT-iJ3-AT-4KE5"6E-AT-PdD#iJ6-AT-PXB-AT-iX)%C
PE(4bD-AT-jPE'aT,Jd08Q9eG'9Z,#"(,L"KEQ3J65iJ9fPXE'PKEA-J+$%j1$NT,L"
-AT-B-AT-aeC5e'Eh*Y)'&ZC#"dD'8J8h4KG'8k)&4SC5"8C-AT-jNC-AT-jMD-AT-9c$-AT-pQ)%&MBh9
YG-AT-aKG'P[EL"KEQ3JG'KP)%4PG'9bE-AT-PZBA4TEfiJEfBJ4-AT-0[EQpYD-AT--J8'pXD-AT-0
j)'PZ)%0KF'PdB-AT-aTFh308fpMD-AT-9dH5iJ6'pZC'pZ,#"5Eh9dE'9NCf8Z$3e5EhG
dD'pbEL`J3LiJ+$%j0c3T,L!L6Q9[,80XBA0cD-AT-0TFfdX)%jPEbe5D-AT-0KFQ4TB-AT-j
TFfdJB-AT-jN)%eKFRKTFfdZ)L"1CAF06'9QG#"5CACTCAFX)'j[)$Jf1L!f-bdi0bi
0$90dC-AT-9NE-AT-&Z,#"*,L!S-6Nh0bNZ)%eKFRJJB-AT-CdCA)J8h*KCQCK,L"-EfjNEfi
X)&CPFR0[,Jd0$9*TBf0KFQ4[)%*PE'a[CQP[FQ8X)%4PF'&bG'ePER3JEfBJ4-AT-0
[EQpYD-AT-0c,#"#CA*RB-AT-e[)&9ZDACPFR0TG(NX)%PdB-AT-aj$9XbEQ3JGQ9bFfP[EPd
J-AT-c3J8f9`G'9YBQ9b)$%j16CG)#"E-M-i0#"hEh*NFed0$3d0$A`!!!J!$!!!!%J
!5!!!!!!#m!*!rqcrlJ-%!P*N!J8S!r`"!!!!!,3!Y!!!!!!(-AT-!-AT-J!!%"!!"N!!!
!!!!"!!!!!!!"*`m!!3!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!rmlrd`H+"Fd
!#!!!!!!!!3!!!!!!!!!!!!$3ca(JSE%Di3!!!!!!!!!!!!!!!!!!!!!!1`!$rri
!#3!'!!!!!!!!!!!!!!!!!!%!!!!"!!!!!!!!%!!!!!!#!!!!!Irrrri!!!!!!!!
!!2rrrrrrrrrrrrrrrrrrrrrrrrrrrrm&!&-!G3"Y!'d!B3"b!(N!53"Z!'B!E`"
b!'d!B3"d!'N!E`"Z!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!+!!#!2rrrrr
rrrrrrrrrr`!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!)!!!#
H!3!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!rrrrrrrrrrrrrrrr!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!$rrrrrrrrrrrrrrrm!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!2rrrrr
rrrrrrrrrr`!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!$BZ-!!$!!!!!!!!!"i!!!!#!!!!-`!$!!!!!!!!!!!$rri!#3!'!!!
!!!!!!!!!!!!!!!%!!!!"!!!!!!!!%!$3ca(JSE%Di3!!!!!!!!!!!!!!!!!!!!!
!1`!$rri!#3!'!!!!!!!!!!!!!!!!!!%!!!!"!!!!!!!!%!!!!!!#!!!!!Irrrri
!!!!!!!!!!2rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr!!-!!"ir!!#
D2`!!!2i!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!*e!3)!!`!!$3-!!!i$!!"-AT-!`!!R3-!!13$!!!
Z"!!!G33!!,`%!!!'"3!!8J8!!*S&!!#e"3!!YJ8!!%N'!!#8"J!!h3B!!#B(!!"
a"`!![!F!!!))!!")#!!!M`J!!0S)!!!N#3!!E`N!!,X*!!!(#J!!8`S!!(d+!!"
q#J!!bJS!!"8,!!"G#`!!U3X!!23,!!!p$!!!KJ`!!-B-!!!4$3!!A3d!!+30!!$
X$3!!0Ji!!)!1!!$)$J!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!
Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(
!)I!!rJ!"`#(`!2i!!X!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!
"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i
!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$
q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!
!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!!!!!!!!
!!!!!!3!!,FJ1!!!5$`!!-AT-!m!!+%2!!$R$`!!k!m!!#`3!!"b%!!!["!!!!34!!"
$%3!!MK%!!-i4!!!B%J!!'4)!!'-5!!#Z%J!!m")!!$J6!!##%`!!cK-!!"J8!!"
K&!!!Ua3!!238!!!r&3!!L"8!!0!9!!!D&J!!C"B!!)B-AT-!!#(&J!!daB!!"XA!!"
Q&`!!XKF!!2dA!!")'!!!N4J!!0`B!!!N'3!!E4N!!,8C!!$h'3!!3KS!!)iD!!$
q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!
!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(
`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!
Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(
!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!
"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i
!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!!!!!!!!!!!!!!"!!!YMKS!!0SD!!!
I'`!!CaX!!+dE!!$h'`!!'"`!!"NF!!"M(!!!V"`!!28F!!"!(3!!Lad!!0-G!!!
C(J!!C"i!!+NH!!$Y(J!!0"m!!(XI!!$$(`!!#5!!!&%J!!#8)!!!f#!!!"FK!!!
B)3!!BL%!!+SK!!$d)3!!3#)!!)`L!!$A)J!!)b-!!'iM!!#k)`!!!#3!!%SN!!#
0*!!!dL3!!"iP!!"T*3!!Y#8!!2mP!!"$*J!!4#B!!2i!!F!Km!$q!!(!)I!!rJ!
"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i
!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$
q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!
!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(
`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!
Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(
!)I!!rJ!"`#(`!!!!!!!!!!!!!!%!!#e%*J!!ebB!!#-R!!"Z*`!!Y#F!!!!S!!"
-+!!!NbJ!!0SS!!!D+3!!CLN!!+iT!!$i+3!!3#S!!)SU!!$9+J!!(LX!!'SV!!#
e+`!!q#X!!%-X!!#-,!!!d5`!!"BY!!"F,3!!TLd!!1mY!!!j,J!!H5i!!*%Z!!#
5,J!!dbi!!"B[!!"A,`!!S#m!!1S[!!!a-!!!Hc!!!-8`!!!3-3!!-AT-$%!!+)a!!$
M-3!!+M)!!(Bb!!$!-J!!rJ!#`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!
Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(
!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!
"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i
!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$
q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!
!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!!!!!!!!
!!!!!!3!!,F!b!!$E-J!!h$)!!#Bc!!"[-`!!Z$-!!2`c!!"'0!!!Mc3!!0Fd!!!
E03!!B68!!+Ne!!$V03!!0$B!!(Jf!!#r0J!!#cF!!&Fh!!#K0`!!kcF!!$)i!!"
q1!!!b6J!!"-j!!"913!!9MN!!*`j!!$R13!!'MS!!"Xk!!![1J!!-$S!!(8k!!#
S1J!!U6S!!1ik!!!d1`!!HcX!!(`l!!$"1`!!j6X!!1Bl!!!V2!!!B6`!!')m!!$
q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!
!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(
`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!
Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(
!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!
"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i
!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!!!!!!!!!!!!!!"!!!YBM`!!+Xm!!#
i2!!!Z6`!!18m!!$Q2!!!-6d!!&3p!!"923!!S6d!!1Jp!!!%2J!!"6i!!%iq!!"
T2J!!DMi!!+%q!!#L2J!!Sci!!1Xq!!!D2`!!'cm!!"`r!!!G2`!!(Mm!!2i!!F!
Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(
!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!
"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i!!F!Km!$q!!(!)I!!rJ!"`#(`!2i
!!F!Km!$q!!(!)I!!rJ!"`#(`!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!!!!!%!!"J1!!m!#!!"!%X!$`!!!!-!(!!!32(r!J!
F!!C1Eh*YB-AT-`!!J!!!!B!B3N%BaJ!!!!!!!!!!!!!!!!!!!!!!!!!)J""32,rS3!
L!"C%C-AT-CKG-AT-ad)&"KFQ&RFQ&`D#"'Efjd!!!!!!!!!!!!!!!!!!!!(M`!!!3!rrr
rr`3!(Mm!!!8!"#(rr`%!!#(rr`)!"#(rr`-!!#$rr`3!"#$rr`8!!!!!!,`0!!$
Y'`!!TLS!!+Jh!!!H2!!!!!")!!!!!3"(!!!!!J"*!!!!!`!"!!!!"!!!!!!!!!-
!!*Sr!!!J!!!$!!$)$J!!MKS!!%3Q!!$!-J!!BM`!!"ir!!!K!#)!)`!N!#8!*J!
)!3jUEfjPFbeLD'&ZC'&bD64SD-AT-jRD-AT-8RFb"SEh9cC6T8C-AT-e`Eh*KFRNJ5A4PEA-
k9fpbC#"AEh*V)%CTE'8J35!c-c8i$QT[EQ9c,-AT-*SB-AT-jNBA*T8-AT-KTEQGTC5Gc)'K
[GA0P1N4PFfYdEh!J4QpXC'9b1QCbC-AT-&VD-AT-8JC'9KDfPP1N&dG'&MD'ePER4c)%C
[E'4PFMT&8%8Y9Q&XG-AT-9I+'&cBfPT+3jUEfjPFbeLD'&ZC'&bD9&SD-AT-jRD-AT-8RFb"
SEh9cC6T%CA0VG'p`)%C[E'4PFMTQFQ9KDfPP)'4PB-AT-YTC6T"G(4KBfKYC-AT-jdFb"
'EfaNCA)k49"&,9CKE(9PAbKKFf0TD5Rr3!1!!3!F2!!!($`!!!F!!3!"!"`m!!!
#!!!!($`!!!%!!3!e!S!"23!9%T!!!8d!9'PYCA-J6Q9h)&*[E-AT-&Z!!`'!!!#!&0
jE-AT-*[E!!,)T!!!8d!3A*TB-AT-`!#`D3!!&0!&4TE-AT-9c!#)!"!!a#)JB!!$3!J!!D!%
!!!!!!!!!!)2D#JC6Z!NQ!`!E!!!!!!!!!!!!!!!!!!!!!!!%!)-3!!!!!!!!!!!
!!!!!!!!!!!!!!!!!!!!!!!#F)`!!!!!`!!!!!!!!!!jUEfjPFbeLD'&ZC'&bD3j
UEfjPFbeLD'&ZC'&bD3!!!!!!!!!!!!$3ca(JSE%Di3!!!!!!!!!!!!!!!!!!!!!
!1`!$rri!#3!'!!!!!!!!!!!!!!!!!!%!!!!"!!!!!!!!%!!!!!!#!!!!!Irrrri
!!!!!!!!!!2rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
rrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrH1S!!!%
!!!!"'J!!!"S!!!!b)'`!%%US!'KR%#"S!'LJ(b"X!""`!#&!!'JJE!!3)'J449"
&,9CKE(9PAbKKFf0TD5N#!!)!9cC#6Ne69d3!!!)!9cC#6Ne69d3!!!"S!!!!!!!
!!!!!!!!!!!!!!!!!!!#Z8`(5!!"J!!!!!8a)j`!B*Qi!%#KZ!!JjEJ!-AT-!"3J#fF
89Bm[#kLZ5KpQ#N(X!"BL5b$C)0P)E!!-AT-,`a1ZJ$L,b`!%+Kc8%p-lKJ!rrK1ANj
e6PB!!#m-+'i!##"X!"![+!"SUNiJE!!35'J!E+MU+'lrr%jH6R919J!!51F!'#K
Z!!JJE!!35UJ!D'B5!!!!&J!"!!!!!!!-!!N!&!!!!!!!!!!!!!!!!!%!!!!"'J!
!!"S!!!!b!-bB-"2-AT-!!!!(!!b!!"cG(PX!!!!#J#!rrm!!!!!!!!!!*(8:





     --- from list marxism-thaxis-AT-lists.village.virginia.edu ---